Disclosure requirements for resolution Covered IHCs.

CFR · 2024-01-01 · US · Title 12

(a) A resolution Covered IHC that has any outstanding eligible external debt securities must publicly disclose a description of the financial consequences to unsecured debtholders of the resolution Covered IHC entering into a resolution proceeding in which the resolution Covered IHC is the only entity in the United States that would be subject to the resolution proceeding. (b) A resolution Covered IHC must provide the disclosure required by paragraph (a) of this section: (1) In the offering documents for all of its eligible external debt securities; and (2) Either: (i) On the resolution Covered IHC's Web site; or (ii) In more than one public financial report or other public regulatory reports, provided that the resolution Covered IHC publicly provides a summary table specifically indicating the location(s) of this disclosure.

official document · source cfr-2024 · id 12:§ 252.167